Markets Live: ASX ends with minor gains
![The ASX looks set for a modestly upbeat start to the week.](http://web.archive.org./web/20180113154758im_/https://www.fairfaxstatic.com.au/content/dam/images/g/x/8/p/t/t/image.related.landscape.120x80.h0h4iq.png/1515735405262.jpg)
Australian shares ended with slight gains on Friday but lost ground over the week.
Australian shares ended with slight gains on Friday but lost ground over the week.
Mark Zuckerberg's latest Facebook post is proving to be expensive.
Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.
China continues to gobble up the world's commodities, setting new records for consumption of everything from crude oil to soybeans.
Australian shares ended with slight gains on Friday but lost ground over the week, with an advance in the mining sector not enough to offset weakness elsewhere.
The Australian dollar is headed back toward a near four-month high after signs consumers may not be as downbeat as thought.
The night belongs to the bond bulls, who have had a rough ride of it of late, with cries that the 30-year bull market is over.
Two US lawmakers are calling for an investigation into whether Intel's CEO, Brian Krzanich, improperly sold company stock after learning of a serious security flaw in the tech giants' microchips but before it was publicly disclosed.
Canva's ascension to 'unicorn' status is shining a light on the murky, misunderstood world of start-up funding.
South Korea's justice minister says the government is preparing a bill to ban cryptocurrency trading, throwing the virtual coin market into turmoil.
Australian shares declined on Thursday as banks weighed the market down, after worries about the future direction of bond markets unsettled Wall Street.
This week's spike in 10-year US treasury yields took markets by surprise and left some investors wondering if the move is a foretaste of a volatile year ahead.
President Donald Trump keeps bragging about the stock index gains since his election but it's a different story for the greenback.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7913 | 0.791 | -0.0002fall | -0.03% fall |
AUD/EUR | 0.6489 | 0.6485 | -0.0006fall | -0.09% fall |
Updated: January 13, 2018 - 9:06AM |
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